Quote:
Originally Posted by joshgirls
i dont know why people get so overly intellectual about things. fact is, once the apollo program was scrapped in 74, rockets scientists had nothing to do, so wall street hired them to manufacture the exotic financial instruments that created the calamity. it may have been prevented if the pols in DC weren't so in bed with big money special interests that they turned over the levers of government to them. But pols are weak by nature & money corrupts all massive entities. No matter what happens, the rich will be fine. That is all that history teaches us.
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That's a bit simple, don't you think??
And maybe you mean "wealthy" instead of "rich" cuz many, many rich people got wiped out in the last few years as they first lost on their home(s), then their stocks, and if they were dumb enough to seek shelter in commodities they got killed there, too (with the exception of gold and sugar).